US server and software maker Sun Microsystems Inc posted losses of 209 million dollars for the foruth quarter, dragged down by restructuring costs, but fared better than analysts' expectations. At the same time last year the company reported a net profit of 260 million dollars. Sales suffered from the impact of the global economic crisis, dropping 11 per cent to 3.2 billion dollars, the Santa Clara, California-based company said Tuesday.
Thursday, January 29, 2009
Sun Microsystems' losses less than expected
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